Malayan United Industries Bhd
Malayan United Industries Berhad, an investment holding company, primarily engages in the retailing, hotel, property, food, fast food chain, and financial service businesses in Malaysia, the Asia-Pacific, Australia, North America, and the United Kingdom. The company operates department and specialty stores; designs, manufactures, sources, distributes, and sells garments and accessories; operates … Read more
Malayan United Industries Bhd (3891) - Net Assets
Latest net assets as of September 2025: RM690.61 Million MYR
Based on the latest financial reports, Malayan United Industries Bhd (3891) has net assets worth RM690.61 Million MYR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM2.60 Billion) and total liabilities (RM1.91 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM690.61 Million |
| % of Total Assets | 26.54% |
| Annual Growth Rate | -3.33% |
| 5-Year Change | 578.34% |
| 10-Year Change | -8.26% |
| Growth Volatility | 427.48 |
Malayan United Industries Bhd - Net Assets Trend (2011–2024)
This chart illustrates how Malayan United Industries Bhd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Malayan United Industries Bhd (2011–2024)
The table below shows the annual net assets of Malayan United Industries Bhd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RM652.27 Million | -19.29% |
| 2023-12-31 | RM808.19 Million | -20.03% |
| 2022-12-31 | RM1.01 Billion | +1581.24% |
| 2021-12-31 | RM60.11 Million | -37.48% |
| 2020-12-31 | RM96.16 Million | -48.90% |
| 2019-12-31 | RM188.16 Million | -49.89% |
| 2018-12-31 | RM375.51 Million | -30.19% |
| 2017-12-31 | RM537.90 Million | -13.94% |
| 2016-12-31 | RM625.04 Million | -12.09% |
| 2015-12-31 | RM710.98 Million | -29.81% |
| 2014-12-31 | RM1.01 Billion | -1.27% |
| 2013-12-31 | RM1.03 Billion | +0.20% |
| 2012-12-31 | RM1.02 Billion | +1.09% |
| 2011-12-31 | RM1.01 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Malayan United Industries Bhd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 317305300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM554.19 Million | 84.96% |
| Common Stock | RM98.08 Million | 15.04% |
| Total Equity | RM652.27 Million | 100.00% |
Malayan United Industries Bhd Competitors by Market Cap
The table below lists competitors of Malayan United Industries Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Higher Way Electronic Co Ltd
TWO:3268
|
$12.30 Million |
|
EXA E&C Inc
KQ:054940
|
$12.30 Million |
|
Avenira Limited
PINK:MMMKF
|
$12.30 Million |
|
Qingdao Hengshun Zhongsheng
SHE:300208
|
$12.31 Million |
|
Genie Networks Limited
TWO:8298
|
$12.29 Million |
|
Bridgford Foods Corporation
NASDAQ:BRID
|
$12.29 Million |
|
MUEHLHAN
HM:M4N
|
$12.29 Million |
|
Nuclear Fuels Inc.
OTCQX:NFUNF
|
$12.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Malayan United Industries Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 808,190,000 to 652,270,000, a change of -155,920,000 (-19.3%).
- Net loss of 76,953,000 reduced equity.
- Share repurchases of 3,931,000 reduced equity.
- Other factors decreased equity by 75,036,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-76.95 Million | -11.8% |
| Share Repurchases | RM3.93 Million | -0.6% |
| Other Changes | RM-75.04 Million | -11.5% |
| Total Change | RM- | -19.29% |
Book Value vs Market Value Analysis
This analysis compares Malayan United Industries Bhd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.22x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | RM0.24 | RM0.05 | x |
| 2016-12-31 | RM0.21 | RM0.05 | x |
| 2017-12-31 | RM0.18 | RM0.05 | x |
| 2018-12-31 | RM0.13 | RM0.05 | x |
| 2019-12-31 | RM0.06 | RM0.05 | x |
| 2020-12-31 | RM0.03 | RM0.05 | x |
| 2021-12-31 | RM0.02 | RM0.05 | x |
| 2022-12-31 | RM0.31 | RM0.05 | x |
| 2023-12-31 | RM0.25 | RM0.05 | x |
| 2024-12-31 | RM0.20 | RM0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Malayan United Industries Bhd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -11.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.70%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 3.73x
- Recent ROE (-11.80%) is above the historical average (-39.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -19.20% | -19.90% | 0.34x | 2.87x | RM-207.63 Million |
| 2016 | -20.86% | -31.48% | 0.22x | 3.08x | RM-192.87 Million |
| 2017 | -10.59% | -14.23% | 0.22x | 3.33x | RM-110.74 Million |
| 2018 | -27.33% | -26.12% | 0.23x | 4.49x | RM-140.16 Million |
| 2019 | -105.61% | -66.73% | 0.20x | 7.92x | RM-217.53 Million |
| 2020 | -102.61% | -54.60% | 0.13x | 14.91x | RM-108.29 Million |
| 2021 | -76.40% | -13.54% | 0.23x | 24.07x | RM-51.94 Million |
| 2022 | -1.42% | -2.96% | 0.18x | 2.62x | RM-115.37 Million |
| 2023 | -20.64% | -42.13% | 0.16x | 3.05x | RM-247.64 Million |
| 2024 | -11.80% | -15.70% | 0.20x | 3.73x | RM-142.18 Million |
Industry Comparison
This section compares Malayan United Industries Bhd's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $469,483,068
- Average return on equity (ROE) among peers: -24.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Malayan United Industries Bhd (3891) | RM690.61 Million | -19.20% | 2.77x | $12.30 Million |
| Landmarks Bhd (1643) | $1.88 Billion | -0.03% | 0.19x | $6.20 Million |
| Eastland Equity Bhd (2097) | $71.25 Million | -140.93% | 1.41x | $11.39 Million |
| ECM Libra Financial Group Bhd (2143) | $144.31 Million | 4.18% | 0.03x | $2.22 Million |
| Lien Hoe Corporation Bhd (3573) | $379.87 Million | -7.89% | 0.40x | $1.94 Million |
| Grand Central Enterprises Bhd (5592) | $220.17 Million | -2.44% | 0.10x | $1.40 Million |
| Country Heights Holdings Bhd (5738) | $776.98 Million | -6.24% | 0.64x | $4.90 Million |
| Impiana Hotels Bhd (7243) | $29.62 Million | -36.89% | 0.55x | $54.28 Million |
| Avillion Bhd (8885) | $253.25 Million | -9.68% | 0.75x | $4.31 Million |